Aaron Brown is the Chief Risk Manager at AQR. He works with PhD's, CQF's, and some of the best minds in quantitative finance. His firm runs over $US 100 billion and they used advanced math to manage risk.
Yet, I think that one of his greatest challenges was for Aaron to write a book on risk management for non-professionals using layperson's terms.
That's what he's done with his new book Risk Management for Dummies. I read the book cover to cover and then recorded this podcast interview with him.
Steve Sears and Michael Martin speak about the fallout from China in the gaming industry, the effect of ESPN and Start Wars on Disney, and volatility.
Michael gets Steve's feedback on using long-dated options as surrogate vehicles for investing and Steve discusses what he thinks he and his readership got out of his book.
Stocks discussed ASHR, WYNN, MGM, DIS, VIX, and FXI.
25 years ago Manny Ochoa was like many of you: he had a model that worked but wanted to grow his business to scale his operations to the pro level.
He used his own limited capital as his initial grubstake and built a track record. That led to an allocation from a major (and legendary) prop trading firm and eventually to owning a seat on the CME.
Can you have capitalism with a sense of spirituality? My guest today thinks so.
Motivated by an incident at Occupy Wall St., author and coach Kim Ann Curtin investigated how to be a capitalist while having a conscious.
Curtin interviewed over 50 Wall St thought leaders on the subject and condensed her findings in her new book Transforming Wall St.